Yellow Cake PLC (YCA) - Net Assets
Based on the latest financial reports, Yellow Cake PLC (YCA) has net assets worth GBX2.11 Billion GBX (≈ $256.66K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX2.11 Billion ≈ $257.31K USD) and total liabilities (GBX5.35 Million ≈ $651.51 USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check Yellow Cake PLC (YCA) strategic investment index to assess the company's strategic physical and investment asset allocation.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | GBX2.11 Billion |
| % of Total Assets | 99.75% |
| Annual Growth Rate | 37.85% |
| 5-Year Change | 97.33% |
| 10-Year Change | N/A |
| Growth Volatility | 54.96 |
Yellow Cake PLC - Net Assets Trend (2019–2026)
This chart illustrates how Yellow Cake PLC's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see YCA stock market capitalisation.
Annual Net Assets for Yellow Cake PLC (2019–2026)
The table below shows the annual net assets of Yellow Cake PLC from 2019 to 2026. Also explore Yellow Cake PLC annual equity growth to track the company's year-over-year net asset growth rate.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | GBX2.11 Billion ≈ $256.66K |
+49.14% |
| 2025-03-31 | GBX1.41 Billion ≈ $172.09K |
-24.91% |
| 2024-03-31 | GBX1.88 Billion ≈ $229.18K |
+81.93% |
| 2023-03-31 | GBX1.04 Billion ≈ $125.97K |
-3.15% |
| 2022-03-31 | GBX1.07 Billion ≈ $130.07K |
+153.68% |
| 2021-03-31 | GBX421.39 Million ≈ $51.27K |
+57.78% |
| 2020-03-31 | GBX267.08 Million ≈ $32.50K |
+19.79% |
| 2019-03-31 | GBX222.95 Million ≈ $27.13K |
-- |
Equity Component Analysis
This analysis shows how different components contribute to Yellow Cake PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have grown by 3481.9% over the analyzed period, indicating profitable operations and earnings retention.
Current Equity Component Breakdown (March 2026)
| Component | Amount | Percentage |
|---|---|---|
| Retained Earnings | GBX1.06 Billion | 50.42% |
| Other Components | GBX1.05 Billion | 49.58% |
| Total Equity | GBX2.11 Billion | 100.00% |
Yellow Cake PLC Competitors by Market Cap
The table below lists competitors of Yellow Cake PLC ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Inter Rock Minerals Inc
V:IRO
|
$17.11 Million |
|
Cosmos Yatirim Holding AS
IS:COSMO
|
$17.12 Million |
|
Mighty Kingdom Ltd
AU:MKL
|
$17.13 Million |
|
Xilam Animation
PA:XIL
|
$17.14 Million |
|
Archos
PA:ALJXR
|
$17.10 Million |
|
Vunani Ltd
JSE:VUN
|
$17.10 Million |
|
Burgundy Diamond Mines Ltd
AU:BDM
|
$17.10 Million |
|
Raytech Holding Limited Ordinary Shares
NASDAQ:RAY
|
$17.10 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Yellow Cake PLC's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 1,414,426,000 to 2,109,439,018, a change of 695,013,018 (49.1%).
- Net income of 412,804,095 contributed positively to equity growth.
- New share issuances of 283,148,000 increased equity.
- Other comprehensive income decreased equity by 143,999.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | GBX412.80 Million | +19.57% |
| Share Issuances | GBX283.15 Million | +13.42% |
| Other Comprehensive Income | GBX-144.00K | -0.01% |
| Other Changes | GBX-795.08K | -0.04% |
| Total Change | GBX- | 49.14% |
Book Value vs Market Value Analysis
This analysis compares Yellow Cake PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 61.02x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
- The price-to-book ratio has decreased from 191.17x to 61.02x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2019-03-31 | GBX2.93 | GBX559.50 | x |
| 2020-03-31 | GBX3.04 | GBX559.50 | x |
| 2021-03-31 | GBX4.73 | GBX559.50 | x |
| 2022-03-31 | GBX6.64 | GBX559.50 | x |
| 2023-03-31 | GBX5.59 | GBX559.50 | x |
| 2024-03-31 | GBX9.07 | GBX559.50 | x |
| 2025-03-31 | GBX6.52 | GBX559.50 | x |
| 2026-03-31 | GBX9.17 | GBX559.50 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Yellow Cake PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 19.57%
- The company demonstrates strong efficiency in generating profits from shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 95.06%
- • Asset Turnover: 0.21x
- • Equity Multiplier: 1.00x
- Recent ROE (19.57%) is above the historical average (7.55%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2019 | 13.22% | 94.47% | 0.14x | 1.01x | GBX7.19 Million |
| 2020 | 4.68% | 78.54% | 0.06x | 1.01x | GBX-14.20 Million |
| 2021 | 7.10% | 2257.43% | 0.00x | 1.02x | GBX-12.23 Million |
| 2022 | 39.03% | 0.00% | -0.01x | 1.00x | GBX310.37 Million |
| 2023 | -28.60% | 0.00% | -0.09x | 1.00x | GBX-399.62 Million |
| 2024 | 38.60% | 98.91% | 0.39x | 1.00x | GBX538.64 Million |
| 2025 | -33.17% | 0.00% | -0.32x | 1.00x | GBX-610.67 Million |
| 2026 | 19.57% | 95.06% | 0.21x | 1.00x | GBX201.86 Million |
Industry Comparison
This section compares Yellow Cake PLC's net assets metrics with peer companies in the Uranium industry.
Industry Context
- Industry: Uranium
- Average net assets among peers: $567,830,000,000
- Average return on equity (ROE) among peers: 19.16%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Yellow Cake PLC (YCA) | GBX2.11 Billion | 13.22% | 0.00x | $17.11 Million |
| JSC National Atomic Company Kazatomprom (KAP) | $567.83 Billion | 19.16% | 0.44x | $16.75 Billion |
About Yellow Cake PLC
Yellow Cake plc operates in the uranium sector. The company purchases and holds uranium oxide concentrates, and commercial opportunities. Yellow Cake plc was incorporated in 2018 and is headquartered in Saint Helier, Jersey.